The case may seem even more confusing if we take in consideration that each of these factors have even more consequences. If you monthly income does not allow you to pay the monthly payments of the loan for buying a car, you do not stand a chance of making savings by using the same car for a long-term period. If driving a new car every 2-3 years is important for you, you will have to be careful when using your car to avoid extra expenses and you will also be unable to make extra savings by driving the same car for a long-term period. If your driving style does extra damages to car, further extra expenses will be inevitable.

Let’s overlook the numbers. Monthly payments of leasing are lower, in comparison with the monthly payments of buying a car loan that may make you think that leasing vs buying a car topic can easily come to a solution by selecting leasing. However it should be taken in account that you will have to lease again, after the previous leasing period has expired, whereas after you have paid off your buying a car loan, the car is yours. It is not difficult to guess that continued usage of your property will make buying a car the cheaper option after a while when the expenses due to the leasing monthly payments will catch up with the total expenses of buying a car.

However what can not be measure by numbers are your preferences. Things pleasure you get from driving “an old friend”, or pleasure you get from driving a new car is impossible to be shown in numbers. That is why there can not exist one for all correct answer on leasing vs buying a car question. You should make a decision whether pleasure you get from driving a new car is worth the saving produced by the long-term usage of the same car, or whether discomfort you get by changing your driving style and making it more careful is less than extra expenses you have when you select leasing. There are no objective means of expressing these subjective values in numbers.

By: Zurab Nikvashvili

http://leasingvsbuyingacar.net/